Defined Benefit (Pension) · DOL Form 5500 · 2022
Hess Corporation Pension Plan
Data updated 2026-08-11
- $2.0B
- Total assets
- 1,318
- Participants
- 99th
- Percentile by assets
- $1.5M
- Avg per participant
Official DOL plan name: Hess Corporation Employees' Pension Plan · Sponsored by Hess Corporation · Texas · Manufacturing
$2.0B in assets, 1,318 participants
Hess Corporation's Hess Corporation Employees' Pension Plan reported $2.0B in total assets and 1,318 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,126 plans)
- #20,376 in Manufacturing (20,602 peers)
Where Hess Corporation Employees' Pension Plan sits by assets
Hess Corporation Employees' Pension Plan sits among the largest 1% of all filed plans, $2.0B for 1,318 participants (~$1.5M/participant), down 23.1% in 2022.
- $2.0B
- total plan assets (2022 EOY)
- 1,318
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $1.5M
- avg assets per participant
The plan reported a net loss of $581M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Hess Corporation Employees' Pension Plan vs the 2022 asset distribution
By assets, Hess Corporation Employees' Pension Plan outranks 99% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 20x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $2.5B |
|---|---|
| Net Assets (End of Year) | $1.9B |
| Net Income | -$581M |
| Employer EIN | 134921002 |
| Plan Effective Date | 1972-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hess Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 2,731 | $2.9B |
| 2023 | 2 | 2,811 | $2.9B |
| 2024 | 2 | 3,021 | $3.0B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Hess Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $41.0B · 119,463
- Shell Pension Plan $14.6B · 12,912
- Exxonmobil Pension Plan $11.6B · 23,661
- Caterpillar Inc. Retirement Income Plan $9.5B · 12,815
- Bp Retirement Accumulation Plan $5.4B · 9,156
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Hess Corporation Employees' Pension Plan by total assets, not by location.
- John Hancock Pension Plan (MA) $2.0B · 5,222
- Marathon Petroleum Retirement Plan (OH) $2.0B · 17,390
- Twin City Hospitals - Minnesota Nurses Association Pension Plan (MN) $1.9B · 15,406
- Cna Retirement Plan (IL) $1.9B · 512
Frequently Asked Questions
How did Hess Corporation Employees' Pension Plan assets move in 2022? ▼
How have Hess Corporation plan assets changed over time? ▼
Where does Hess Corporation Employees' Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Hess Corporation Employees' Pension Plan
Scale reading
Ways to act on Hess Corporation Employees' Pension Plan's numbers.
- By total assets, Hess Corporation Employees' Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Hess Corporation's sponsor-wide assets have grown 4.8% since 2022 across 3 plan years on file. More Manufacturing plans